News

4 Top Performing Cryptos to Buy in Feb: Web3Bay, Notcoin, Mantle & Stacks!  

February 22, 2025 4 mins read

Cryptocurrencies continue to offer strong opportunities, with many promising projects gaining attention. Whether you’re interested in blockchain-based shopping solutions, gaming currencies, or Layer-2 scaling advancements, here are the top-performing cryptos to buy in Feb. 1. Web3Bay (3BAY): The Future of Online Shopping  Web3Bay is transforming online shopping by cutting out middlemen and transaction fees, giving buyers and sellers full control over their trades. Unlike major platforms like Amazon and eBay,

Trust Wallet says crypto wallets must improve security and user experience to drive adoption

February 22, 2025 2 mins read

Crypto wallet adoption is expected to increase as digital assets become more popular. Developers are focusing on making these wallets user-friendly and secure. Trust Wallet emphasizes the importance of integrating wallets into mainstream financial technology. This will help more people access crypto while overcoming onboarding challenges. As cryptocurrencies gain global acceptance, crypto wallets have become crucial for managing digital assets safely. Reports suggest that the market will grow significantly, especially

$99 million was withdrawn from the liquidity pool of the Libra token

February 22, 2025 1 min read

A significant crypto scandal has emerged in Argentina involving the Libra token (LIBRA). Around $99 million worth of cryptocurrency was withdrawn from its liquidity pool, raising suspicions of insider involvement. Blockchain analytics firms, Chainalysis and Nansen traced these withdrawals to wallets associated with the token’s creator. Chainalysis found that eight wallets withdrew around $99 million from the liquidity pool. These wallets received tokens directly from the creator, showing a close

Vitalik Buterin supports Argentina’s crypto community after the LIBRA scandal

February 21, 2025 1 min read

Vitalik Buterin strongly supports Argentina’s crypto community. He proposed that Argentina host Devconnect following the LIBRA scandal. President Javier Milei welcomed the idea, saying it was an honor for the country. Buterin’s stance on the LIBRA controversy remains unclear. Buterin praised Argentina’s crypto growth. He thinks it demonstrates how digital assets can offer true economic freedom. He is still hopeful about the country’s progress in blockchain and crypto, despite the

Over $2 billion in Bitcoin and Ethereum options set to expire

February 21, 2025 1 min read

Over $2.04 billion in Bitcoin and Ethereum options are about to expire in the crypto market. This situation raises worries about more market ups and downs. Bitcoin has key resistance levels, and Ethereum is having trouble staying stable. This uncertainty makes traders unsure about the short-term direction of cryptocurrencies. Bitcoin options contracts are worth more than $1.6 billion. Analysts see a put-to-call ratio under 1 for Bitcoin and Ethereum. This

Smart Crypto Holders Are Moving to Web3Bay’s 100x ROI Potential! POPCAT & PENGU Surges After Coinbase Listing

February 21, 2025 4 mins read

The crypto market is moving fast as Q2 approaches. Many are shifting focus from meme coins to projects with practical use cases. While POPCAT and PENGU jumped after their Coinbase listing, history shows meme coins often struggle to maintain long-term growth. Some are riding the short-term hype, while others are turning to coins with lasting value. Web3Bay (3BAY) stands out as a decentralized e-commerce platform aiming to change a $7

The SEC delays key crypto lawsuits

February 21, 2025 2 mins read

The SEC is delaying major lawsuits related to cryptocurrency, possibly to buy time before dismissing them. This tactic was evident in the Coinbase case, where the SEC asked for a deadline extension. However, it has not yet formally dropped its most notable cases. Under Gary Gensler’s leadership, the SEC took legal action against several crypto firms, including Ripple and Kraken. Now, with changes in leadership, the SEC seems less aggressive.

Nigeria sues Binance for $81.5 billion

February 20, 2025 1 min read

Nigeria has filed an $81.5 billion lawsuit against Binance. The lawsuit accuses the crypto exchange of tax evasion, money laundering, and violating foreign exchange laws. It includes $2 billion in back taxes and additional penalties. Binance has not yet responded to these allegations. However, reports suggest that the company plans to contest the lawsuit. This legal battle is not new for Nigeria and Binance. In 2024, Nigeria accused Binance of

OKX exchange secures a MiCA license

February 20, 2025 2 mins read

OKX has become one of the first cryptocurrency exchanges to receive a MiCA (Markets in Crypto-Assets) license, allowing it to operate across Europe. This license enables OKX to expand its services to 28 countries in the European Economic Area (EEA), reaching over 400 million users with fully regulated offerings. With the MiCA authorization, OKX enhances its credibility in the European market. The exchange will establish its European hub in Malta,

Coinbase CEO Brian Armstrong weighs in on meme coins

February 20, 2025 2 mins read

Coinbase CEO Brian Armstrong has shared his views on the growing trend of meme coins. He likens them to early internet fads, such as animated GIFs. While he warns about illegal activities in the sector, he supports a free-market approach. This allows users to make their own investment decisions. Armstrong mentioned on X (formerly Twitter) that he does not actively invest in meme coins, aside from a few test trades.

Coinbase launches Proof of Reserves for cbBTC

February 20, 2025 1 min read

Coinbase has launched Proof of Reserves (PoR) for its cbBTC token. This initiative aims to reassure users that each cbBTC is backed 1:1 by Bitcoin. The move addresses concerns about transparency and centralized control in the crypto sector. According to the PoR data, Coinbase holds 26,525.15 BTC to back a supply of 26,461.05 cbBTC tokens. These tokens are distributed across various networks. Ethereum has the largest share with 16,080 cbBTC.

Strategy (formerly MicroStrategy) issues $2 billion in convertible notes to buy more Bitcoin

February 20, 2025 1 min read

Strategy, formerly known as MicroStrategy, is issuing $2 billion in convertible senior notes. This funding will be used to buy more Bitcoin. The company has a history of accumulating Bitcoin through stock offerings. Michael Saylor, the CEO, mentioned that the firm did not buy any Bitcoin last week. This pause interrupted their usual buying trend. However, Strategy remains dedicated to its Bitcoin strategy. Since starting to acquire Bitcoin, the company